Common Mistakes to Avoid in Money Transfer from UAE to India
LC Editorial (LC Editorial)
Sending money abroad is something millions of people in the UAE do regularly, especially when supporting loved ones back home in India, the UK, Nepal, or the Philippines. When it comes to money transfer from UAE to India, it may seem straightforward, but there are a few common mistakes people make that can cost them extra money or delay the transfer.
At LeoCompare, our mission is to help users avoid such mistakes by providing a simple way to compare trusted remittance providers like Western Union, Al Ansari Exchange, Emirates NBD, Lulu Money, and others. Whether you’re planning a money transfer from UAE to India, sending funds to the UK, or sending money to Nepal or the Philippines, using a comparison platform like ours helps ensure you’re making the best choice every time.
Let’s take a deeper look at the most common errors people make when transferring money and how you can avoid them.
1. Not Comparing Exchange Rates and Fees
One of the biggest mistakes when making a money transfer from UAE to India is not comparing exchange rates and fees beforehand. Many people choose the first provider they come across or stick to a service they’ve always used. But exchange rates vary widely between providers and can affect how much money your recipient actually gets.
Why it matters:
A small difference in the exchange rate—even by a few paise—can mean a loss of hundreds of rupees on large transfers. Also, some services hide their charges in the rate itself.
What to do instead:
Use our website to check real-time exchange rates and fees across various platforms. Our comparison tool includes providers like Careem Pay, Beyon Money, and more, helping you find the best deal before hitting “send.”
2. Ignoring Transfer Speed
Some people focus only on the fees and rates, but forget to consider how fast the transfer will arrive. This can be a costly mistake, especially in emergencies.
Why it matters:
Some services promise instant or same-day transfers, while others might take 3–5 working days. If your recipient needs the money urgently, a delay could cause unnecessary stress or problems.
What to do instead:
Before choosing a provider, always check the estimated delivery time. On LeoCompare, you can filter services based on speed, so you’re not left guessing.
3. Using Credit Cards Without Checking the Extra Charges
Yes, using your credit card to send money is convenient. But did you know that it can cost a lot more in the long run?
Why it matters:
Credit card payments may incur high service fees and be treated as cash advances, leading to extra interest charges from your bank.
What to do instead:
Try using bank transfers, which are generally cheaper, or opt for providers that allow wallet or debit card payments with lower fees. Always check payment method fees before completing the transfer.
4. Overlooking Hidden Backend or Receiving Charges
You might be surprised to learn that sometimes your recipient gets less than what you sent, even if you paid all fees upfront. This happens due to backend or receiving fees charged by the recipient’s bank.
Why it matters:
These deductions are often hidden and not shown upfront by many providers.
What to do instead:
Choose transparent providers and guarantee that the full amount will be delivered to your recipient. Platforms like Lulu Money or Western Union often have direct partnerships with recipient banks to avoid such hidden costs. We can help you identify which services offer this benefit.
5. Using Services with Poor Customer Support
When things go wrong during a money transfer from UAE to India, you’ll want someone to help quickly. Unfortunately, many people choose providers with poor customer support, which can lead to frustration.
Why it matters:
Delays, failed transactions, or wrong recipient details need immediate action. Without reliable support, your issue could remain unresolved for days.
What to do instead:
Before choosing a provider, check reviews and customer ratings. We collect insights from real users to help you pick services with a solid reputation.
6. Sending Money Without Checking Promotions or Offers
Another common mistake when making a money transfer from UAE to India is sending money without checking for discounts or promotional offers. This could mean missing out on fee waivers or better exchange rates.
Why it matters:
During festive seasons or national holidays, many providers offer reduced fees or bonuses on transfers.
What to do instead:
Sign up for email alerts or check our website regularly. We showcase exclusive offers and deals from trusted providers across the Middle East so you can save more on every transaction.
7. Using Only Traditional Banks
Many users still go through traditional banks for international money transfers. While banks are reliable, they are often not the most cost-effective or fastest option for a money transfer from UAE to India.
Why it matters:
Banks usually charge higher fees, offer less competitive exchange rates, and take longer to complete transfers than digital or specialized remittance services.
What to do instead:
Switch to modern money transfer platforms. Using services like Al Ansari Exchange or Emirates NBD through LeoCompare can show you better alternatives and help you make a smarter financial decision.
8. Sending Large Amounts Without Planning
If you’re planning a money transfer from UAE to India and sending a large amount in one go, it’s important to think through your strategy. Many people don’t consider exchange rate fluctuations or regulatory limits.
Why it matters:
Sending a large amount when the exchange rate is unfavorable can lead to major losses. Also, large transfers might get flagged for compliance checks.
What to do instead:
Break your transfer into smaller chunks and wait for a better exchange rate. Our website rate alert tool will notify you when the rate improves.
9. Not Double-Checking Recipient Details
Surprisingly, many issues in money transfer from UAE to India are caused by incorrect account numbers, names, or IFSC codes. This can lead to major delays or even failed transactions.
Why it matters:
If the recipient’s details are wrong, your money might get stuck or be sent to the wrong account. Fixing it could take days, or worse, be non-reversible.
What to do instead:
Always double-check your recipient’s details before confirming the transfer. And if you’re unsure, use services that allow easy corrections or refunds.
10. Neglecting Country-Specific Requirements
Each country has its own set of rules for receiving international transfers. Whether you’re making a money transfer to the Philippines, send money to Nepal, or sending money from the UAE to the UK, not understanding the local laws and limits could create issues.
Why it matters:
Some countries may limit how much can be received at once or require identity documents for large transactions.
What to do instead:
Do a quick check of your recipient’s country requirements before sending money. Reliable providers listed on LeoCompare will usually display this information clearly.
Conclusion
Transferring money internationally—especially when making a money transfer from UAE to India—shouldn’t be complicated or costly. But without the right knowledge and tools, many users lose money through avoidable mistakes.
From ignoring exchange rate markups to using expensive credit card methods or forgetting to check for hidden fees, each error adds up. Fortunately, most of these mistakes are easy to avoid once you know what to look out for.
We believe everyone deserves to get the most value when sending money internationally. That’s why we provide a clear, updated comparison of leading remittance providers in the UAE—including Careem, Lulu Money, Emirates NBD, Beyon Money, Western Union, and more—for convenient and cost-effective money transfer from UAE to India and beyond.
Whether you’re looking to send money from UAE to India, send money from UAE to UK, or make a transfer to Nepal or the Philippines, use our website to find the most affordable, fastest, and safest option available.
Ready to save money and time? Visit us today and start comparing your options now!
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